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Key Details
Sold Price $732,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $327
Subdivision Arvada
MLS Listing ID 9995599
Sold Date 11/22/24
Style Traditional
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,240
Originating Board recolorado
Year Built 1984
Annual Tax Amount $3,960
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Here is a rare opportunity to buy a perfectly located, well-maintained duplex in Arvada, containing huge value-add opportunities and an assumable 3.0% FHA loan with a $565K existing balance. One side of the duplex is vacant and contains 2 beds, 2 bath and the other side is tenant-occupied and contains 2 beds, 1 baths - each with attached 1-car garages Further, both units have a full, unfinished basement, which can be finished for increased income. The opportunity to purchase this duplex is perfect for both investors and for owner occupants wishing to subsidize their mortgage payment with rental income. The location for this property is perfect! It is directly across the street from Oak Park & Pavilion, has direct access to Ralston Creek Trail, is in close proximity to other APEX recreational centers (including tennis courts); charter school at the corner; private charter school within 5 minutes, public elementary and middle schools within 10 minutes; and Arvada West High School within 5-10 minutes. Plus, Old Town Arvada is just 10 minutes away! Additional notes... Unit A has a newer garage door, newer lighting updates; newer basement bathroom remodel; new in line RO filter at kitchen sink (with remineralization filter), and newer front door and storm door.
Location
State CO
County Jefferson
Zoning Residential
Rooms
Basement Full, Unfinished
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Pantry, Radon Mitigation System, Utility Sink
Heating Baseboard, Electric
Cooling None
Flooring Carpet, Laminate
Fireplace Y
Appliance Dishwasher, Oven, Refrigerator
Laundry In Basement, In Unit
Exterior
Exterior Feature Lighting, Private Yard
Garage Concrete
Garage Spaces 2.0
Fence Full
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Wood Siding
Schools
Elementary Schools Campbell
Middle Schools Oberon
High Schools Arvada West
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Epic Realty
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Austin Lanpher
Team Lead | License ID: FA100085834
Team Lead License ID: FA100085834